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May 27, 2022

NYISO Business Issues Committee Briefs: Jan. 17, 2018

Natural Gas Prices Surge 260% in December

Jan 17, 2018
Michael Kuser
Capacity Market / Energy Market / NYISO Business Issues Committee / Natural Gas
NYISO power prices jumped sharply in December on the back of sharp gains for natural gas stemming from extreme cold weather at the end of the month. Locational-based marginal prices (LBMPs) averaged $52.63/MWh for the month, up 58% from November and nearly 20% from the same period a year ago,...

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